Net Asset Value(s)

Merchants Trust PLC

07 May 2024

 

The Merchants Trust PLC

LEI: 5299008VJFXCUD2EG312

As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.

The Merchants Trust PLC announces that at close of business 03 May 2024:

1)   based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 555.07p.

2)   based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 564.18p.

3)   based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 565.25p.

4)   based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 574.36p.

In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of A UK corporate bond yields over gilt yields, with the exception that the Loan Notes issued on 18 December 2017 are valued at the yield over the reference gilt at which they were issued.

Enquiries:

Kirsten Salt

Tel: [phone]

07 May 2024

 

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